5 best Ruby Predictive Analytics libraries in 2024

Ruby is a dynamic, general purpose programming language with a focus on simplicity and productivity. It has an elegant syntax that is natural to read and easy to write. It's this combination of simplicity and power. Predictive analytics is the art and science of predicting future events by using existing statistical data. Predictive analytics can help businesses to make smarter decisions, avoid risks, and increase revenues. Predictive analytics is the use of historical data to predict future events. It's based on the assumption that patterns found in historical data can be used for forecasting. To perform predictive analysis, we need to use statistics, machine learning algorithms, and other tools such as neural networks. A few of the most popular Ruby Predictive Analytics open source libraries for developers are: vcr - test suite's HTTP interactions; concurrent-ruby - Modern concurrency tools including agents; predictor - efficient recommendations and predictions using Redis.